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bill179
New Member

I have never paid estimated taxes, why does my turbotax return show estimated taxes with Form 1040-ES Payment vouchers? Is this there if I choose to pay estimated taxes?

 
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1 Reply
Vanessa A
Expert Alumni

I have never paid estimated taxes, why does my turbotax return show estimated taxes with Form 1040-ES Payment vouchers? Is this there if I choose to pay estimated taxes?

If you had taxes due this year, then you would need to make estimated tax payments throughout the year to avoid the tax penalty.  If you did not have any taxes due or if your income was unexpectedly high because of a one time event in 2022, you can simply ignore the 1040-ES. 

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